Strategy
STORY OF THE WEEK: Bank Of Singapore's Asia Clients Get Access To Swiss Booking Centre

A story about how a Swiss and Singaporean private bank chose to co-operate over a booking centre option is the editor's choice this week.
This week's editor's choice is a story shedding light on how two institutions located out of a pair of rival wealth hubs have chosen to work together. Bank of Singapore entered into a strategic cooperation agreement with Vontobel so that the former's Asian ultra-high and high net worth clients can open accounts with Vontobel in Zurich, a move BoS said is a groundbreaking step. The clients can get access to Vontobel's suite of European financial products and services; they can choose Vontobel or Bank of Singapore to manage their assets booked in Zurich.